NCUA bans four former credit union employees
Four former credit union employees, including a manager and a long-time teller and administrative assistant were banned Wednesday by the NCUA from participating in the affairs of any federally insured financial institution.
Catherine Linton, former manager of the $4.1 Trailblazer Federal Credit Union in Washington, Pa. was sentenced to a year and a day in December for embezzlement. She was ordered to pay $979,595.82 in restitution. Her 17-year fraud led to the insolvency and closure of the credit union in July 2015.
Debra L. Wenger, a former teller and administrative assistant of the $30.1 million Shelter Insurance Federal Credit Union in Columbia, Mo., was sentenced to time served and one year of supervised released in November for stealing more than $231,000. Federal court documents indicated that the 28-year credit union employee stole the funds in part because she was a victim of a scam while on an online dating service and reportedly lost almost $700,000. Court documents show Wenger already made $231,000 in restitution.
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